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Frost
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November 03, 2015, 12:40:27 AM |
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I question this, we will go back to $200 soon I guess.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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zimmah
Legendary
 Offline
Activity: 1106
Merit: 1005
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November 03, 2015, 01:10:24 AM |
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By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.
tell me, who would sell at $270? it might drop all the way back to current levels, because a lot of people bought at this price, but everyone who would sell at $270 has already sold even now, so why would they wait until after the price has risen to $700 that doesnt make any sense at all. |
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chennan
Legendary
Offline
Activity: 1316
Merit: 1004
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November 03, 2015, 01:13:31 AM |
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By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.
This is a good post ^^^^ We need gradual price increass to an extent. Even today is ok, I'd rather slowly go up now than have a 100% price increase to 700 within 2 weeks. That kind of shit just isn't sustainable. Maybe 700 by the halving next summer is a realistic & safe reality/hope. I truly believe that all this price increase is people trying to gather as much bitcoins as possible before the halving speculation pricing begins... Now that is going to be a shit show in itself, and the exchange sites might collapse from so much traffic coming in lol... but seriously, a long with the sketchiness of the MMM ponzi thing that no one really seems to know the actual truth of what their intention are coming out of china; I think that a majority of people are just eager to grab as many coins as possible for the cheapest price that they can afford at one given time. |
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pitham1
Legendary
Offline
Activity: 1232
Merit: 1000
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November 03, 2015, 01:14:08 AM |
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$700 by November 2017 (not 17th November  ) will be good. Double your investment in 2 years. |
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chennan
Legendary
Offline
Activity: 1316
Merit: 1004
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November 03, 2015, 01:29:13 AM |
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By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.
tell me, who would sell at $270? it might drop all the way back to current levels, because a lot of people bought at this price, but everyone who would sell at $270 has already sold even now, so why would they wait until after the price has risen to $700 that doesnt make any sense at all. Just because "a lot" of people bought at $270, doesn't mean that "everyone" bought at $270... I mean hell, I remember buying some at $250 and though I was late to the party. And also, I don't think you can just generally say that "everyone" who has bought at that price has sold by now, I mean technically I haven't really sold yet... What you said is too broad of a statement, so therefore to me, your post doesn't really make sense at all. |
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monbux
Legendary
Offline
Activity: 1736
Merit: 1024
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November 03, 2015, 01:43:21 AM |
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If it hits that high of a price in that low of a timespan, the media will go crazy once again  In the small chance that this actually happens, expect bitcoin to hit $1000 again thanks to our media persons |
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safari88
Legendary
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Activity: 1960
Merit: 1026
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November 03, 2015, 01:51:04 AM |
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We reached $350 (actually $360, then fell back) today. I think price will double in the next 14 days.
too fast, but I hear $600 in early 2016 so hopefully it really happens if the end of the year $500 |
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Hugroll
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November 03, 2015, 01:53:46 AM |
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definitely not going to hit 700 in 15 days, thats almost a double increase in price. Im estimating that its going to be around high 300s maybe mid early 400s by mid november.
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DieJohnny
Legendary
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Activity: 1639
Merit: 1004
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November 03, 2015, 01:55:39 AM |
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definitely not going to hit 700 in 15 days, thats almost a double increase in price. Im estimating that its going to be around high 300s maybe mid early 400s by mid november.
It has happened before.... |
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amacar2
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Activity: 1120
Merit: 1007
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November 03, 2015, 01:59:43 AM |
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The price can't really be predicted to reach that high in such a minimal amount of time. Imagine that it has been months or even a year since we reached $300 again and now here we are speculating that any moment by now the price will be doubled. Yes the trend is showing a good sign of rising but I don't think it will reach $500 even. There are still a lot of things that is affecting the current price of bitcoin and we can't say and be safe to say that it will not fall anytime soon.  |
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jehst
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November 03, 2015, 02:02:45 AM |
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I remember talking to bitcoiners in October 2013. People said "Maybe bitcoin can go to $300!" They guessed low because bitcoin had a long, flat summer.
After the bubble, everyone guessed that bitcoin would finish 2014 at $2000 or $5000 or $10,000. The Year of Bitcoin. They guessed high because bitcoin had just bubbled.
People are going to be wrong again. This time, they are going to underestimate the peak. Why? They have grown accustomed to the long bear market.
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Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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vuduchyld
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November 03, 2015, 02:13:39 AM |
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If it goes up that fast, it WILL come down again.
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Anmol_Verma
Member
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Activity: 112
Merit: 10
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November 03, 2015, 02:15:10 AM |
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Nopes the price won't be doubled by Nov 17
I can say it can reach 600$ by the end of Dec
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chennan
Legendary
Offline
Activity: 1316
Merit: 1004
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November 03, 2015, 02:19:17 AM |
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I remember talking to bitcoiners in October 2013. People said "Maybe bitcoin can go to $300!" They guessed low because bitcoin had a long, flat summer.
After the bubble, everyone guessed that bitcoin would finish 2014 at $2000 or $5000 or $10,000. The Year of Bitcoin. They guessed high because bitcoin had just bubbled.
People are going to be wrong again. This time, they are going to underestimate the peak. Why? They have grown accustomed to the long bear market.
So are you saying that this "bubble" bitcoin seems to be experiencing will go above or below the $1K mark? It's really hard to tell with all of this because there are a lot of factors to consider with the uncertainty of the MMM ponzi or the speculative price of the halving coming up soon... who knows what will happen, but it's been a fun ride this far. |
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rocks
Legendary
Offline
Activity: 1153
Merit: 1000
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November 03, 2015, 02:34:57 AM |
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If it goes up that fast, it WILL come down again.
After it hit $20 in early 2013, it just went up and up and up, to never be below $90 again ever. |
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bassclef
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November 03, 2015, 02:36:34 AM |
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If it goes up that fast, it WILL come down again.
Depends on the timescale and fractal size. 6h bubbles come down within days, 1d bubbles come down in weeks, and 1w bubbles come down in months. |
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zeraTunerse
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November 03, 2015, 02:40:10 AM |
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375$ already crossed , i wish we could reach 1K $ soon , i want to see all haters weeping for the coins they sold , still time buy, buy , buy...
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peonminer
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November 03, 2015, 03:19:19 AM |
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If China keeps up with the bots we'll be at $2,000 by November's end.
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lexuz
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November 03, 2015, 03:41:25 AM |
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If China keeps up with the bots we'll be at $2,000 by November's end.
Do you mean This november, it's too far if want to touch $2,000 and i think now we in the best price this year |
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peonminer
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November 03, 2015, 03:52:05 AM |
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If China keeps up with the bots we'll be at $2,000 by November's end.
Do you mean This november, it's too far if want to touch $2,000 and i think now we in the best price this year lol shows how much you pay attention |
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